Oppenheimer Reiterates Outperform on Analog Devices, Maintains $245 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating for Analog Devices (NASDAQ:ADI) and maintained a price target of $245.
August 22, 2024 | 12:58 pm
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Oppenheimer has reiterated its Outperform rating for Analog Devices, maintaining a price target of $245, indicating confidence in the company's performance.
The reiteration of an Outperform rating and maintenance of a $245 price target by Oppenheimer suggests continued confidence in Analog Devices' performance, likely leading to positive investor sentiment and potential short-term stock price appreciation.
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